901 Martingale DrNevadaTX75173
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Nevada at 901 Martingale Dr, Nevada, TX, 75173 generates $2,905/mo in rent and, after a $1,733/mo payment, leaves $387/mo in cash flow. Total monthly income is $2,905/mo, and annual cash flow is $4,648/yr on $117,351 invested. Return on cash invested sits at 23.87% in year one, and rental yield is 9.85% on a $354,000 entry. Equity gained on principal adds $2,284/yr, while 5% annual appreciation builds toward $97,804 over five years. Five-year ROI reaches 125.32% and total cumulative return in cash sums $147,070. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,905/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
9,670 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75173, Nevada, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,511 (100%) |
| Owner Occupied HU | 3,108 (88.5%) |
| Renter Occupied HU | 240 ( 6.8%) |
| Vacant Housing Units | 163 ( 4.6%) |
| Median Home Value | $392,701 |
| Average Home Value | $427,702 |
Housing Distribution
Address Breakdown
Residential
3,142
Single Family
3,141
Multi-Family
1
Businesses
103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices